Biokarpet S.A. (BIOKA) - Net Assets
Based on the latest financial reports, Biokarpet S.A. (BIOKA) has net assets worth €44.53 Million EUR (≈ $52.07 Million USD) as of December 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€190.24 Million ≈ $222.41 Million USD) and total liabilities (€145.70 Million ≈ $170.34 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BIOKA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €44.53 Million |
| % of Total Assets | 23.41% |
| Annual Growth Rate | 1.84% |
| 5-Year Change | 58.58% |
| 10-Year Change | N/A |
| Growth Volatility | 13.78 |
Biokarpet S.A. - Net Assets Trend (2014–2022)
This chart illustrates how Biokarpet S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of Biokarpet S.A. for the complete picture of this company's asset base.
Annual Net Assets for Biokarpet S.A. (2014–2022)
The table below shows the annual net assets of Biokarpet S.A. from 2014 to 2022. For live valuation and market cap data, see BIOKA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €44.53 Million ≈ $52.07 Million |
+32.78% |
| 2021-12-31 | €33.54 Million ≈ $39.21 Million |
+15.34% |
| 2020-12-31 | €29.08 Million ≈ $33.99 Million |
+0.27% |
| 2019-12-31 | €29.00 Million ≈ $33.90 Million |
+3.26% |
| 2018-12-31 | €28.08 Million ≈ $32.83 Million |
-9.95% |
| 2017-12-31 | €31.19 Million ≈ $36.46 Million |
-3.68% |
| 2016-12-31 | €32.38 Million ≈ $37.85 Million |
-6.53% |
| 2015-12-31 | €34.64 Million ≈ $40.50 Million |
-10.01% |
| 2014-12-31 | €38.49 Million ≈ $45.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Biokarpet S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 223993300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €25.19 Million | 56.55% |
| Other Components | €48.55 Million | 109.01% |
| Total Equity | €44.53 Million | 100.00% |
Biokarpet S.A. Competitors by Market Cap
The table below lists competitors of Biokarpet S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anson Resources Limited
F:9MY
|
$42.22 Million |
|
Terramin Australia Ltd
AU:TZN
|
$42.24 Million |
|
Lion One Metals Limited
V:LIO
|
$42.26 Million |
|
Unique Optical Industrial Co Ltd
TWO:3441
|
$42.26 Million |
|
Qleanair Holding AB
ST:QAIR
|
$42.22 Million |
|
Lotte Chilsung Beverage Co Ltd
KO:005305
|
$42.19 Million |
|
374Water Inc. Common Stock
NASDAQ:SCWO
|
$42.14 Million |
|
3I Infrastructure PLC
LSE:3IN
|
$42.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Biokarpet S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 33,539,140 to 44,534,550, a change of 10,995,410 (32.8%).
- Net income of 8,994,660 contributed positively to equity growth.
- Other factors increased equity by 2,000,750.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.99 Million | +20.2% |
| Other Changes | €2.00 Million | +4.49% |
| Total Change | €- | 32.78% |
Book Value vs Market Value Analysis
This analysis compares Biokarpet S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.36x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €1.21 | €1.65 | x |
| 2021-12-31 | €1.40 | €1.65 | x |
| 2022-12-31 | €1.86 | €1.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Biokarpet S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.89%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 4.27x
- Recent ROE (20.20%) is above the historical average (-0.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -19.02% | -9.75% | 0.56x | 3.50x | €-11.03 Million |
| 2015 | -12.60% | -5.29% | 0.64x | 3.73x | €-7.72 Million |
| 2016 | -5.78% | -2.19% | 0.68x | 3.88x | €-5.11 Million |
| 2017 | -2.93% | -0.87% | 0.82x | 4.11x | €-4.03 Million |
| 2018 | 0.61% | 0.14% | 0.96x | 4.41x | €-2.64 Million |
| 2019 | 4.27% | 0.99% | 0.92x | 4.69x | €-1.66 Million |
| 2020 | 0.75% | 0.18% | 0.86x | 4.95x | €-2.69 Million |
| 2021 | 12.54% | 2.25% | 1.06x | 5.27x | €851.81K |
| 2022 | 20.20% | 3.89% | 1.22x | 4.27x | €4.54 Million |
Industry Comparison
This section compares Biokarpet S.A.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $76,360,114
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Biokarpet S.A. (BIOKA) | €44.53 Million | -19.02% | 3.27x | $42.22 Million |
| Lanakam S.A (LANAC) | $9.33 Million | 3.15% | 0.52x | $7.19 Million |
| EL. D. Mouzakis S.A (MOYZK) | $33.63 Million | 1.15% | 0.71x | $22.54 Million |
| Nafpaktos Textile Industry S.A (NAYP) | $10.24 Million | 7.54% | 1.37x | $15.08 Million |
| Thrace Plastics Holding and Commercial S.A (PLAT) | $252.25 Million | 28.55% | 0.61x | $175.37 Million |
About Biokarpet S.A.
Biokarpet S.A. engages in the metallurgy, textile, and information technology sectors in Greece, rest of European union, and internationally. It produces and trades in handmade and machine-made carpets, moquettes, blankets, flokati rugs, and other products for flooring and home decoration. The company also offers linen and wall coverings for bed and bath; and wall to wall carpets and carpet tiles… Read more